单词 | benchmark crude |
释义 | > as lemmasbenchmark crude benchmark crude n. a grade of (usually light) crude oil, the price of which is fixed by agreement between oil producers and used as a guideline for the setting of other oil prices; = marker crude n. at marker n. Compounds 2. ΘΚΠ society > occupation and work > materials > raw material > mineral material > mineral oil > [noun] petroleum1526 oil of petre1528 petrol1540 oil of saltpetre1685 earth-oil1732 white oil1763 mineral oil1771 coal oil1784 petroleum oil1799 crude oil1865 petroleum spirit1868 petroleum coke1881 crude1904 black gold1910 marker crude1974 benchmark crude1975 1974 Times Herald Rec. (Middletown, N.Y.) 14 Nov. 6/1 The net effect..is an increase in the weighted average cost of the benchmark Arabian light crude to $10.36 a barrel.] 1975 N.Y. Times 4 Feb. 54/2 The government ‘take’ from each barrel is based on $10.12 for Saudi Arabia light, the ‘marker’ or benchmark crude for the OPEC price structure. 1993 Wall Street Jrnl. 4 Nov. c16/3 Several major U.S. refiners increased their..prices..for West Texas Intermediate, the U.S. benchmark crude, by 50 cents a barrel. 2008 T. James Energy Markets iv. 92 Successful benchmark crude must be representative of the crude oil in the market. < as lemmas |
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